iShares has issued a plea to the shareholders of a few of their funds asking them to vote on an investment advisory agreement. They have had to adjourn their meeting for a 3rd time due to insufficient
“The uncertainty over the future of health care has exacted a toll on the industry. ETFs like iShares Dow Jones US Healthcare Provider (IHF), Pharmaceutical HOLDRs (PPH) and iShares Biotechnology (IBB) all will be affected differently by changes in legislation
Scott Burns, director of ETF analysis with Morningstar, released a video that looks at long and short ways to use health-care ETFs ahead of major reforms. Scott looks into the composition of a few of the broad health care sector ETFs and finds that they have about a 2/3 stake in pharmaceuticals.
A new two in one defibrulator tool for synchronizing heart contractions slowed the progression of heart failure when implanted in patients with few or no symptoms, according to a study that could expand use of the devices. The devices reduced deaths and medical treatments for heart failure by 29 percent compared with standard defibrillators, Boston […]